⸺ Obituary · December 20, 2020 ⸺

“Buying Bitcoin Is Pure Speculation”

The Motley Fool

Sean Williams

“While I don’t disagree that a digital payments revolution is underway, or that blockchain could offer global financial and supply chain solutions, bitcoin isn’t the vessel that’s going to make this vision a reality.…History has proved that sentiment can shift at the drop of a pin in the cryptocurrency space. I’d suggest investors keep their distance from bitcoin.”

Price at death

$23,459

Today

$61,577

Resurrection

×2.6

On 2020-12-20, Sean Williams (Investor) declared Bitcoin dead via The Motley Fool. Bitcoin was trading at ~$23,459 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on December 20, 2020, when one Bitcoin traded for approximately $23,459. Since then, Bitcoin has appreciated by 2.6× relative to the price on the day The Motley Fool pronounced it finished.

“The Price Of Bitcoin Is Totally Manipulated”

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